Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	General Electric Company	309,642	$7.397M	3.3%	$23.19	—	COM	369604103
IBM	International Business Machine	39,774	$7.365M	3.2%	$118.94	-6.2%	COM	459200101
JNJ	Johnson & Johnson	84,221	$7.301M	3.2%	$59.66	+6.5%	COM	478160104
XOM	Exxon Mobil Corp.	83,160	$7.155M	3.2%	$53.70	+0.9%	COM	30231G102
PG	Procter & Gamble	91,905	$6.947M	3.1%	$55.00	+2.2%	COM	742718109
CVX	ChevronTexaco Corporation	53,290	$6.475M	2.9%	$71.30	+2.5%	COM	166764100
—	United Technologies	55,389	$5.972M	2.6%	$92.94	—	COM	913017109
TJX	TJX Companies Inc.	101,355	$5.715M	2.5%	$20.82	+8.2%	COM	872540109
MSFT	Microsoft Corp.	171,339	$5.702M	2.5%	$26.73	+1.0%	COM	594918104
AMG	Affiliated Managers Group, Inc	31,034	$5.668M	2.5%	$153.14	+12.3%	COM	008252108
NSRGY	Nestle SA Spon ADR	80,102	$5.575M	2.5%	$65.85	—	COM	641069406
ADP	Automatic Data Processing	71,224	$5.155M	2.3%	$45.09	+7.2%	COM	053015103
—	Liberty Property Trust	142,914	$5.088M	2.2%	$36.96	—	COM	531172104
PEP	PepsiCo Inc.	62,694	$4.984M	2.2%	$56.04	+1.3%	COM	713448108
PNC	PNC Financial Services Group,	67,839	$4.915M	2.2%	$47.34	+8.4%	COM	693475105
PAA	Plains All Amer Pipeline LP	78,675	$4.143M	1.8%	$55.55	—	COM	726503105
OMC	Omnicom Group	64,225	$4.074M	1.8%	$40.81	+4.2%	COM	681919106
—	Energy XXI (Bermuda) Ltd.	133,950	$4.047M	1.8%	$23.10	—	COM	G10082140
PPL	PPL Corporation	131,807	$4.004M	1.8%	$16.36	+0.5%	COM	69351T106
EAT	Brinker International Inc.	98,170	$3.979M	1.8%	$32.11	+4.2%	COM	109641100
UPS	United Parcel Service, Inc. Cl	42,807	$3.911M	1.7%	$55.43	+3.1%	COM	911312106
UNH	UnitedHealth Group Inc.	53,451	$3.828M	1.7%	$51.36	+14.2%	COM	91324P102
—	Express Scripts Holding Compan	61,583	$3.806M	1.7%	$61.75	—	COM	30219G108
—	McKesson Corporation	28,574	$3.666M	1.6%	$114.51	—	COM	58155q103
—	Agilent Technologies	70,590	$3.618M	1.6%	$42.85	—	COM	00846u101
AAPL	Apple Computer	7,575	$3.611M	1.6%	$13.16	+8.5%	COM	037833100
—	Weatherford Int'l Ltd.	214,525	$3.289M	1.4%	$13.72	—	COM	H27013103
KEY	KeyCorp	284,842	$3.247M	1.4%	$6.57	+15.2%	COM	493267108
FITB	Fifth Third Bancorp	173,537	$3.132M	1.4%	$11.47	+8.7%	COM	316773100
ABT	Abbott Laboratories	93,625	$3.107M	1.4%	$28.70	-3.5%	COM	002824100
IWN	iShares Russell 2000 Value Ind	33,057	$3.029M	1.3%	$86.76	—	XTMF	464287630
—	BCE Inc.	68,325	$2.917M	1.3%	$41.18	—	COM	05534b760
—	Energy Transfer Partners, L.P.	54,812	$2.854M	1.3%	$50.58	—	COM	29273r109
CAG	ConAgra Foods Inc.	92,125	$2.795M	1.2%	$17.69	+0.4%	COM	205887102
BHP	BHP Billiton Ltd Adr	41,234	$2.742M	1.2%	$57.65	—	COM	088606108
—	Susquehanna Bancshares, Inc.	198,378	$2.486M	1.1%	$12.85	—	COM	869099101
COP	ConocoPhillips	35,330	$2.456M	1.1%	$39.96	+11.3%	COM	20825C104
—	Exelon Corporation	78,987	$2.341M	1.0%	$30.85	—	COM	30161n101
BA	Boeing Co.	19,753	$2.321M	1.0%	$80.37	+13.9%	COM	097023105
—	Warner Chilcott, PLC	95,700	$2.194M	1.0%	$19.91	—	COM	G94368100
—	AbbVie Inc.	47,988	$2.147M	0.9%	$41.34	—	COM	00287y109
—	Enbridge Energy Partners, L.P.	65,910	$2.007M	0.9%	$30.49	—	COM	29250r106
—	AT&T, Inc.	58,264	$1.97M	0.9%	$35.40	—	COM	00206r102
—	Whiting Petroleum Corp.	32,061	$1.919M	0.8%	$47.58	—	COM	966387102
CDNS	Cadence Design Systems, Inc.	139,850	$1.889M	0.8%	$14.35	0.0%	COM	127387108
GIS	General Mills Inc.	35,160	$1.685M	0.7%	$32.12	+2.4%	COM	370334104
BAC	Bank of America Corp.	115,700	$1.597M	0.7%	$10.03	+12.0%	COM	060505104
—	Annaly Mortgage Management, In	133,374	$1.544M	0.7%	$11.90	—	COM	035710409
UNP	Union Pacific Corp.	9,659	$1.5M	0.7%	$57.25	+5.0%	COM	907818108
—	Kinder Morgan Energy Partners	18,405	$1.469M	0.6%	$85.40	—	COM	494550106
—	Terra Nitrogen Company, LP	6,480	$1.313M	0.6%	$213.53	—	COM	881005201
—	Discover Financial Services	25,324	$1.28M	0.6%	$47.91	—	COM	254709108
—	SunTrust Banks	39,165	$1.27M	0.6%	$31.77	—	COM	867914103
—	Invesco Limited	39,765	$1.269M	0.6%	$31.91	—	COM	g491bt108
—	Verizon Communications	26,575	$1.24M	0.5%	$50.16	—	COM	92343v104
SUI	Sun Communities Inc.	27,110	$1.155M	0.5%	$49.75	—	COM	866674104
—	Cisco Systems Inc.	47,902	$1.122M	0.5%	$24.34	—	COM	17275r102
KELYA	Kelly Services Cl A	53,200	$1.036M	0.5%	$14.88	+8.8%	COM	488152208
PDER	Pardee Resources Company, Inc.	4,800	$1.032M	0.5%	$225.60	+0.6%	COM	699437109
KO	Coca-Cola Co.	23,811	$902K	0.4%	$27.78	-3.6%	COM	191216100
KMB	Kimberly-Clark Corp.	9,258	$872K	0.4%	$62.95	-3.0%	COM	494368103
—	Diageo PLC Spon ADR	6,681	$849K	0.4%	$114.95	—	COM	25243q205
MRK	Merck & Co.	16,705	$795K	0.4%	$30.05	+3.1%	COM	58933Y105
—	3M Co.	6,506	$777K	0.3%	$109.28	—	COM	88579y101
—	Du Pont, E. I.	12,695	$743K	0.3%	$52.54	—	COM	263534109
—	Newfield Exploration Company	26,750	$732K	0.3%	$23.88	—	COM	651290108
—	Health Care REIT, Inc.	11,459	$715K	0.3%	$66.99	—	COM	42217k106
—	Cerner Corporation	11,860	$623K	0.3%	$77.59	—	COM	156782104
—	J.P. Morgan Chase	11,808	$610K	0.3%	$52.78	—	COM	46625h100
CBU	Community Bank System Inc	17,842	$609K	0.3%	$22.78	0.0%	COM	203607106
—	Regions Financial Corporation	63,780	$591K	0.3%	$9.36	—	COM	7591ep100
PSX	Phillips 66	10,162	$588K	0.3%	$40.44	-7.3%	COM	718546104
PFE	Pfizer, Inc.	19,863	$571K	0.3%	$16.46	-0.6%	COM	717081103
BRK/B	Berkshire Hathaway Inc. Cl B	5,027	$571K	0.3%	$110.29	+4.6%	COM	084670702
SLB	Schlumberger Ltd	6,269	$554K	0.2%	$53.02	+11.2%	COM	806857108
—	Buckeye Partners L P Unit L	8,355	$548K	0.2%	$70.14	—	COM	118230101
HAL	Halliburton Company	10,943	$527K	0.2%	$33.21	+12.4%	COM	406216101
—	People's United Financial, Inc	36,431	$524K	0.2%	$14.90	—	COM	712704105
BRK/A	Berkshire Hathaway Inc. Cl A	3	$511K	0.2%	$165023.42	+4.8%	COM	084670108
BDX	Becton Dickinson & Co.	4,775	$478K	0.2%	$78.11	+3.2%	COM	075887109
EMR	Emerson Electric Co	7,280	$471K	0.2%	$40.02	+9.5%	COM	291011104
SO	Southern Company	10,960	$451K	0.2%	$26.74	-5.3%	COM	842587107
IWD	iShares Russell 1000 Value Ind	5,017	$432K	0.2%	$83.72	—	XTMF	464287598
MCD	McDonald's Corp.	4,245	$408K	0.2%	$71.62	-1.5%	COM	580135101
BSV	Vanguard Short-Term Bond Fund	4,715	$379K	0.2%	$80.17	—	XTMI	921937827
BMY	Bristol-Myers Squibb	8,087	$374K	0.2%	$28.67	+1.9%	COM	110122108
AFL	AFLAC Inc.	6,000	$372K	0.2%	$20.11	+11.7%	COM	001055102
—	Anadarko Petroleum Corp.	3,984	$370K	0.2%	$86.32	—	COM	032511107
HBAN	Huntington Bancshares, Inc.	44,150	$365K	0.2%	$4.66	+14.0%	COM	446150104
CZNC	Citizens & Northern Corp.	18,100	$361K	0.2%	$10.24	+4.3%	COM	172922106
IJR	iShares S&P SmallCap 600 Index	3,585	$358K	0.2%	$90.38	—	XTMF	464287804
IWM	iShares Russell 2000 Index Fun	3,247	$346K	0.2%	$97.01	—	XTMF	464287655
DIS	Disney, Walt	5,366	$346K	0.2%	$56.16	+1.4%	COM	254687106
EPD	Enterprise Products Partners L	5,650	$345K	0.2%	$62.18	—	COM	293792107
INTC	Intel Corporation	13,113	$301K	0.1%	$17.13	-1.3%	COM	458140100
—	CYS Investments Inc	37,000	$301K	0.1%	$8.14	—	COM	12673a108
VWO	Vanguard Emerging Markets	7,144	$287K	0.1%	$38.77	—	XTIF	922042858
—	Praxair Inc.	2,378	$286K	0.1%	$115.43	—	COM	74005P104
—	Wisconsin Energy Corp.	7,000	$283K	0.1%	$41.00	—	COM	976657106
—	SPDR Gold Trust	2,200	$282K	0.1%	$119.09	—	XTMF	78463v107
IWR	iShares Russell Midcap Index F	2,000	$278K	0.1%	$130.00	—	XTMF	464287499
IVV	iShares S&P 500 Index Fund	1,600	$270K	0.1%	$160.63	—	XTMF	464287200
AZN	AstraZeneca PLC Spon ADR	5,175	$269K	0.1%	$47.77	—	COM	046353108
HD	Home Depot Inc.	3,541	$269K	0.1%	$56.05	+3.2%	COM	437076102
—	Costco Wholesale	2,329	$268K	0.1%	$111.18	—	COM	22160k105
QCOM	Qualcomm Inc.	3,981	$268K	0.1%	$45.06	+3.3%	COM	747525103
IBB	iShares Nasdaq Biotechnology I	1,275	$267K	0.1%	$174.12	—	XTMF	464287556
TIP	iShares Barclays US TIPS Fund	2,346	$264K	0.1%	$111.95	—	XTMI	464287176
SYY	Sysco Corp.	7,740	$246K	0.1%	$24.40	-1.7%	COM	871829107
SHW	Sherwin Williams	1,308	$238K	0.1%	$53.48	-2.3%	COM	824348106
APD	Air Products & Chemicals Inc	2,195	$234K	0.1%	$70.09	0.0%	COM	009158106
—	VIVUS, Inc.	25,000	$233K	0.1%	$12.60	—	COM	928551100
CL	Colgate-Palmolive Co.	3,890	$231K	0.1%	$44.38	+0.4%	COM	194162103
ITW	Illinois Tool Works	2,866	$219K	0.1%	$54.78	0.0%	COM	452308109
HON	Honeywell International	2,591	$215K	0.1%	$57.46	0.0%	COM	438516106
—	Synovus Financial Corp	63,539	$210K	0.1%	$2.93	—	COM	87161c105
DUK	Duke Energy Corp.	3,075	$205K	0.1%	$41.83	-2.4%	COM	26441C204
—	Noble Energy, Inc.	2,990	$200K	0.1%	$66.89	—	COM	655044105
—	Capstead Mortgage Corp.	14,750	$174K	0.1%	$11.80	—	COM	14067E506
NWBI	Northwest Bancshares, Inc.	12,100	$160K	0.1%	$5.92	+11.5%	COM	667340103
—	MFS Multimarket Income Trust	18,025	$119K	0.1%	$6.66	—	XTMI	552737108
—	HouseRaising, Inc.	10,000	$0	0.0%	—	—	COM	44183w106